Interesting action on share trading today. I no
Post# of 9144
(Total Views: 665)
Posted On: 05/07/2019 4:09:44 PM
Interesting action on share trading today.
I noticed at around 10AM that there was about 42k shares traded at bid (0.032). There was a standing bid at 0.032 for 10k shares that didn't get wiped out by the 42k shares. I take this to mean there was a bid in queue which should have appeared at the top of the bid stack as it is the best offer, but hidden for whatever reason behind the 10k bid.
I checked back just now and total volume is 109.3K with last trade at 0.0349. Looks to me like the side trying to keep the share price down got played today by a sophisticated buyer. I hope to see much more of this type of action.
I noticed at around 10AM that there was about 42k shares traded at bid (0.032). There was a standing bid at 0.032 for 10k shares that didn't get wiped out by the 42k shares. I take this to mean there was a bid in queue which should have appeared at the top of the bid stack as it is the best offer, but hidden for whatever reason behind the 10k bid.
I checked back just now and total volume is 109.3K with last trade at 0.0349. Looks to me like the side trying to keep the share price down got played today by a sophisticated buyer. I hope to see much more of this type of action.
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